One topic that I’ve wanted to write about for basketball players is the money that you acquire and how you save and protect it. I know for some of you, you’ve most likely invested in buying a home and have normal bank savings accounts. However, you could take it just a bit further with money markets, bonds investments and cds (certificate of deposit). To learn about these options you’ll have to do bit of research and reading.
But to get a good grasp of the rates that are around and what you might expect for cd rates and other money market rates I suggest how to invest and safe money at AfterBasketball.com. They have charts of national bank rates for the USA and the minimum deposit needed. Although the market is not the most positive right now, it should not stop you from investing and securing your future. The situation in the USA perhaps may be bad but there is always the day for change and incline.
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